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"icici-bank"

  • ICICI Bank Q4 profit rises 9 per cent to Rs 14,755 crore

    ICICI Bank reported a 9 per cent rise in consolidated net profit for the March quarter, supported by growth in net interest income and lower provisions. The bank also announced a dividend of Rs 12 per share, subject to approvals
  • Nationwide bank strike disrupts services, bank unions push for five-day week

    Banking services across India were disrupted as nearly 8 lakh public sector bank employees joined a nationwide strike called by the United Forum of Bank Unions (UFBU), demanding immediate implementation of a five-day work week. The unions argue that five-day banking is essential for employee wellbeing and sustainable services.
  • Mcap of 7 of top-10 most valued firms surges Rs 1.23 lakh cr

    Seven of India’s top-10 valued firms added over Rs 1.23 lakh crore in market capitalisation last week, tracking a broader market rally. Reliance Industries led the gains, while TCS, Infosys and Bajaj Finance saw valuation declines
  • Mcap of five of top-10 most-valued firms surges Rs 72,285 cr; TCS, Infosys biggest winners

    Five of India’s top-10 most valued firms, led by TCS and Infosys, added over ₹72,284 crore in market value last week, while Reliance, HDFC Bank, SBI, L&T and LIC saw declines. TCS gained the most, adding nearly Rs 36,000 crore
  • ICICI Bank to introduce same-day cheque clearance from October 4

    ICICI Bank will implement same-day cheque clearance from October 4, aligning with RBI’s new settlement framework. Customers depositing cheques at branches will see faster processing, with Positive Pay mandatory for high-value cheques to prevent fraud and ensure smooth dispute resolution
  • Mcap of 8 of top-10 most valued firms jumps Rs 1.72 lakh cr; Reliance biggest winner

    Eight of India’s top-10 most valued firms gained ₹1.72 lakh crore in market valuation last week, led by Reliance Industries. TCS, Airtel, ICICI Bank, Infosys, HUL, LIC, and Bajaj Finance also rose, while HDFC Bank and SBI declined
  • No regulation on minimum account balance, banks free to decide: RBI Governor on ICICI Bank hike

    RBI Governor Sanjay Malhotra said banks can decide savings account minimum balances, after ICICI Bank raised requirements up to Rs 50,000 for new customers in metros, while penalties and deposit charges also increased, contrasting with SBI’s zero-balance policy
  • ICICI Bank hikes minimum average balance to Rs 50,000 — How will it affect you

    Customers of metro and urban branches must maintain a minimum average balance of Rs 50,000 under the new structure — up from the earlier limit of Rs 10,000
  • When ICICI Bank wanted to acquire HDFC Ltd

    ICICI Bank had offered to take over mortgage lender HDFC Ltd before its reverse merger with HDFC Bank, says former HDFC chairman Deepak Parekh
  • ICICI, Axis Bank may cut ties with DreamFolks after service disruption

    After a major service disruption in September 2024, ICICI Bank, Axis Bank, and Mastercard are exploring alternatives to DreamFolks Services for airport lounge access. With growing dissatisfaction, banks may increasingly shift to direct partnerships with lounge operators
  • Bank Nifty Futures and the Rise of Retail Interest in Futures and Options

    With mobile trading apps, low brokerage fees, and better access to financial education, retail investors are no longer sitting on the sidelines. They’re actively participating in the futures and options segment—particularly within sectoral indices like Bank Nifty, which reflects the performance of India's banking sector.
  • Sensex and Nifty rebound on FII inflows, Reliance and ICICI Bank buying

    Benchmark indices Sensex and Nifty rebounded on Wednesday after an early dip, driven by fresh foreign fund inflows and gains in blue-chip stocks like Reliance and ICICI Bank. Strong liquidity and optimism around earnings supported the positive sentiment in the markets.
  • ICICI Bank shares climb over 2 per cent after Q4 earnings

    Shares of ICICI Bank climbed over 2 per cent on Monday morning after the firm reported a 15.7 per cent jump in March quarter consolidated net profit at Rs 13,502 crore
  • Bank Nifty in focus after robust Q4 results by leading private lenders

    According to market watchers, technically, Bank Nifty has formed a strong bullish candle on the daily chart, making a high of 54,407.20 — just 60 points away from its all-time high
  • Kancha Gachibowli Issue: Sridhar Babu says funds raised through bonds, not loans

    Industries Minister D Sridhar Babu said ICICI Bank did not extend any loans, while Rs.8,476 crore was raised through issue of bonds at low interest rates
  • BRS alleges Rs 10,000 crore land scam in Kancha Gachibowli forest land, demands for Central Probe

    BRS working president K.T. Rama Rao on Friday alleged a criminal conspiracy and a ₹10,000 crore financial scam involving the Revanth Reddy-led government. He called for an immediate investigation by central agencies and warned of a potential collapse of ICICI Bank due to its alleged involvement in the matter.
  • ICICI Bank net profit surges 15% to Rs 11,792 cr in December quarter

    ICICI Bank's gross non-performing assets ratio improved to 1.96 per cent as against 2.3 per cent a year ago
  • Police deny harassment of farmer by bank officials in Adilabad suicide case

    Though CCTV visuals show the farmer consuming the pesticide inside the bank, the police claimed that Devrao consumed the pesticide outside. They noted that the investigations found that his wife was suffering from a kidney-related ailment
  • Hyderabad: Alert SBI staff avert digital arrest scam being perpetrated, save 46 lakh of elderly couple

    Had it not been for the alert staff, the cyber fraud would have been perpetrated on a retired PSU employee and his wife, who walked into the bank with a request to transfer Rs 46 lakh by RTGS to an account of ICICI Bank in Aurangabad.
  • Market valuation of 6 of top-10 valued firms jump Rs 1 lakh crore

    While the valuation of SBI jumps Rs 36,100.09 crore to Rs 7,32,755.93 crore, ICICI Bank adds Rs 25,775.58 crore to Rs 9,10,686.85 cr
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